Paribus v1 Arbitrum Mainnet Launch
Cross-chain lending and borrowing protocol mainnet launch on Arbitrum.
DETAILS
- Paribus provides support for NFTs, LP tokens, synthetic assets collateral based loans
- Users will be able to lend, borrow and stake NFTs, LP tokens, synthetic assets
- 0.2% borrow fee; subject to change via governance voting
- $PBX is the native token
- Token utility: governance, staking
- Stake $PBX and earn yield in $PBX, based on the staking lockup duration
- $PBX holders earn a share of protocol’s fees
- Other cross-chain launches planned in the future
Blockchain
